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Quepasa Corp. has purchased online dating Web site Corazones.com

Date: 2007-02-15

Quepasa Corp., which owns the Hispanic social networking Web site Quepasa.com, said Wednesday it has purchased online dating Web site Corazones.com from DNI Holdings LLC for an undisclosed amount.

Corazones.com has roughly 300,000 registered users.

Charles B. Mathews, Quepasa's executive vice president and chief financial officer, said Corazones.com is the first dating site that has been added to the company's social networking site, which has about 500,000 registered members and provides blogs, e-mail, video and other content.

Mathews said Corazones.com will remain a standalone dating Web site, but it will be integrated into Quepasa.com so members from both sites can get the same benefits.

Quepasa said the combination of the two sites also provides advertisers with a larger audience.

Shares of Quepasa were unchanged at $7.60 in afternoon trading on the Nasdaq.





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